Waypoint Leasing Signs Purchase and Leaseback Agreement with RLC in
Gulf of Mexico

Transaction Marks Waypoint Entry into U.S. Helicopter Leasing Market

February 10, 2015 01:04 PM Eastern Daylight Time

LIMERICK, Ireland--(EON: Enhanced Online News)--Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent
global helicopter leasing company, today announced that it has closed on
a multi-aircraft agreement with RLC, the largest privately held
helicopter operator in the Gulf of Mexico. The initial transaction
includes the purchase and leaseback of 10 helicopters, including the
Bell 407 and Bell 206L4, supporting near-shore shelf production of
natural gas in the U.S. Gulf of Mexico.

“We
think there’s significant long-term demand in this region and look
forward to supporting RLC as it continues to grow.”

“This is a great opportunity for Waypoint to support one of the leading
helicopter operators in the Gulf of Mexico, and marks a significant
entrance for us into the U.S. market, the largest helicopter market in
the world,” said Ed Washecka, Chief Executive Officer of Waypoint. “We
think there’s significant long-term demand in this region and look
forward to supporting RLC as it continues to grow.”

Dru Milke, President and CEO of RLC said, “This transaction further
solidifies RLC’s balance sheet and will allow us to support our growth
initiatives in the coming years. Waypoint has the market expertise,
flexibility and access to capital to close transactions quickly,
allowing us to focus on our mission of being the industry’s most
efficient and customer-focused operator.”

This transaction brings Waypoint’s portfolio to a total of 95 aircraft
valued in excess of $1.1 billion and operating in 22 countries.

About Waypoint Leasing (Ireland) Limited

Waypoint Leasing is a global helicopter leasing company that provides
operating lease and financing solutions to helicopter operators
worldwide. Headquartered in Limerick, Ireland, Waypoint Leasing
differentiates itself with a senior management team that has direct
helicopter operating and leasing experience in key helicopter markets
around the world, having leased helicopters across Africa, Asia,
Australia, Europe, and North and South America. Waypoint Leasing serves
a wide range of sectors including oil and gas, emergency medical
service, search and rescue, firefighting and governmental support.
Further information is available at www.waypointleasing.com.

About RLC

RLC is the largest privately held helicopter operator in the Gulf of
Mexico serving energy services providers and oil and gas producers.
RLC’s fleet of offshore equipped helicopters transports personnel and
equipment to offshore production platforms and drilling rigs. Founded in
1990, RLC is an FAA certified FAR 135 operator and also FAA certified to
provide full-service helicopter maintenance at its own repair services
facility.